Hints and tips:
...Revenue rose 19 per cent to $722m in the third quarter, with Covid-19 tests contributing 1 percentage point of growth. Hannah Kuchler 87....
...The two executives were due to appear with Wells chief executive Charlie Scharf to give account of the bank’s progress in addressing the governance and control problems revealed by the 2016 fake accounts...
...The first full Virgin Money personal current account will launch later this year, aiming for a 40 per cent increase in market share (from 2.5 per cent to 3.5 per cent), while the bank will launch its first...
...The current EM Index has a two-thirds allocation to China, Taiwan, South Korea and India. The FM Index has a one-fifth allocation to Kuwait....
...UK merchant bank Close Brothers says it on track for a good performance for the full year after reporting solid loan growth in its banking division in the third quarter and strong net inflows for its asset...
...EM equity funds and US bond funds, as the third chart illustrates....
...Germany will release CPI/current account figures at 09:00 CET....
...Building in an annual 4 per cent charge to account for the dauntingly wide spreads on many small-cap shares, the cumulative return drops from 72.6 per cent to 52.7 per cent, which is still well ahead of...
...“There is no way back to the world before the torture,” says one of the characters in this harrowing account of survival and shame....
...Lenovo, the world’s largest PC maker, said revenues grew a fifth last year despite growing competition in smartphones and PCs....
...China’s currency has received a vote of confidence from the International Monetary Fund, which declared that it was ‘no longer undervalued’....
...The group’s main worries continue to be centred around Hong Kong and Macau, two of the most important markets for luxury goods, which, combined, account for a fifth of global annual watch sales....
...Having cut the overall bonus pool last year by more than a fifth and almost a quarter at the investment bank, Barclays hopes to avoid the big protest vote over pay that it suffered last year....
...They were sued by 10 US families for attacks that killed 33 people and wounded hundreds from 2002 – 2004....
...Money shops, which take renminbi at home and wire an equivalent amount of foreign currency to a client’s offshore account, provide another solution....
...When a major currency moves by a fifth, the winners will be owed far more than the losers’ capital, the deposits in their accounts, leaving the trading platform to make up the difference....
...(Financial Times) (Redemption is, a mutual fund story – FT Alphaville) The largest US banks no longer enjoy the same funding advantage from a perception they are “too big to fail”, according to a highly-anticipated...
...Russia is estimated by SocGen to account for a fifth of the bottler’s sales and 28 per cent of group profit....
...But there is no getting away from the fact that further progress from here depends on a second leg of “Abenomics”....
...Two thirds of completions this year are on land bought since the downturn, with a consequent improvement of margins. Earnings Bellway FY 87.6p (65.2p) Intel Q3 $0.54 ($0.58) Yahoo!...
...But they may be no less ugly, writes Barney Jopson....
...at Fifth Third, Barclays, Regions Financial, Wells Fargo, Citi, UBS, US Bancorp, Goldman, JPMorgan and PNC Financial....
...However, debt levels across the bloc rose to their highest level since the creation of the single currency, from an average of 85.3 per cent of national output in 2010 to 87.2 per cent at the end of 2011...
...And the top five, ranked by total derivatives, are: JP Morgan Chase Bank NA – $87,362,762 Bank of America NA- $38,304,564 Citibank National ASSN – $31,887,869 Goldman Sachs Bank USA – $30,229,614 The fifth-ranked...
...We have emerged from the global slowdown faster than any other nation. I did not hesitate in exercising my judgement on the course of action last year and I have no hesitation in my mind now....
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